For updated information, please visit www.ibef.orgJune 2021

ROCK SCULPTURES OF UNAKOTI, TRIPURA

TRIPURA

2

Executive Summary 3

Introduction 4

Economic Snapshot 9

Physical Infrastructure 15

Social Infrastructure 21

Industrial Infrastructure 24

Key Sectors 26

Key Procedures & Policies 32

Appendix 39

Table of Contents

3

Executive summary

2 Strong natural rubber production base Tripura is the second largest natural

rubber producer in the country, after Kerala. The state has got 85,000 hectare land area under rubber cultivation, out of which 65,000 hectare plantation area is currently mature for harvesting and produces 75,000 ton rubber.

3 Fifth largest tea producing state• Tripura holds a strong tea plantation base in

India, with 58 tea gardens covering an area of >6,885 hectares, as of February 2020.

5 Food processing hubs in Northeast The state has favourable climatic

conditions for cultivation of various fruit and horticultural crops. The state’s pineapples and oranges are known for their unique flavours and organic nature. It has set up a modern food park near Agartala to boost growth in the food processing sector & an agri-export zone for pineapples. The state also has potential in the meat-processing sector.

4 Unique cultural mix in handicraft art A unique harmonious blend of 3 traditions (tribal, Bengali and

Manipuri weaving) can be seen in Tripura’s handicrafts. The state is known for its unique cane & bamboo handicrafts.

1 Largest bamboo producing hub in India

Tripura is endowed with rich and diverse bamboo resources. It is home to 21 species of bamboo. The state has an area of 7,195 hectares to produce bamboo.

6 Treasure of natural medicine Tripura has about 266 medicinal

plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns and 45 epiphytes. The pertinent tropical climatic conditions in the state supports the flourishing growth of various types of the medicinal plant & other forest resources scattered all over the state.

5

4

1 6

3

2

Source: Ministry of Agriculture, Tripura State Portal, News Article

4

INTRODUCTION

5

Tripura Fact File

Source: Chandigarh Administration, Census 2011

Key Insightsadministrative districts: 8

350 persons per sq kmPopulation density

1.8 millionfemale population

AgartalaCapital

10,491 sq.km.geographical area

87.22%literacy rate

4.1 milliontotal population

1.9 millionmale population

960Sex ratio

(females per 1,000 males)

Tripura is bounded on the north, west, south and southeast by Bangladesh; whereas in the east, the state has a common boundarywith Assam and Mizoram.

Bengali and Kokborok/Tripuri are the official languages of the state. The medium of instruction in schools is either Bengali or English.

Tripura has eight administrative districts: Dhalai, Gomati, Khowai, North Tripura, Sepahijala, South Tripura, Unnakoti and West Tripura.Agartala is the capital of Tripura and the state’s largest city. Key towns in the state are Kailashahar, Udaipur, Khumulwng, Kamalpur,Ambassa, Khowai and Sabroom.

Main rivers flowing through Tripura are Gomati, Manu, Khowai, Feni, Doloi, Muhuri and Haora.

The prominent hill ranges of the state are Jampui, Sakhantang, Longtharai, Atharamura, Baramura, Deotamura, Belkum and Kalajhari.

Source: Government of Tripura website, Census 2011

6

Advantage

Policy and infrastructure support

Through Tourism Policy 2020-25, Tripura government has set an objective to enhance tourist experience and promote sustainable tourism in the state.

Developing infrastructure, improved rail & air connectivity & establishment of trade routes have facilitated trade.

In June 2017, the state Government announced an average 19.68% pay hike for its pensioners and employees

Untapped resources and medical plants

Tripura has several potential, but unexplored sectors such as organic spices, bio-fuels & eco-tourism.

The state has a wide variety of medical plants. It has 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs & 165 climbers.

Availability of skilled workforce

Tripura has a large base of skilled labour, making it an ideal destination for knowledge sectors. At 87.22%, its literacy rate is higher than the national average rate.

The state has institutes such as National Institute of Technology (NIT) & Tripura Institute of Technology (TIT), which provide skilled manpower to various industries.

Tourism hub in North East

With its pleasant climate and scenic landscape, Tripura is a favoured tourist destination.

Its blessed with scenic beauty, ancient places, temples, breathing taking verdant hills & bio-diversity treasure trove of wildlife sanctuaries

Source: Ministry of Statistics and Programme Implementation, News articles

7

Tripura in figures

Tripura ’s Contribution to Indian Economy (2020-21)

Social Indicators

Physical Infrastructure in Tripura

GSDP as a % of all states’ GSDPIndia: 100.00 | Tripura: 0.28

Per capita GSDP (US$)India: 1,977.60 | Tripura : 2,031.97

GSDP growth rate (%)India: 10.00 | Tripura : 10.70

Literacy rate (%)India: 74.04 | Tripura: 87.22

Installed power capacity (MW) (as of April 2021)

India: 382,730.02 | Tripura: 723.96

Internet subscribers* (million) (as of September 2020)India: 776.45 | Tripura : 8.47

Wireless subscribers* (million) (as of December 2020)India: 1,167.70 | Tripura : 12.34

National highway length (km) (as of September 2019)India: 132,500 | Tripura : 854

GSDP

Birth rate (per 1,000 population) (2018)India: 20.0 | Tripura : 13.0 Airport (No.)

India: 153 | Tripura : 4Industrial Infrastructure

India: 358 | Tripura : 1

Notified SEZs (No.)Investments

Cumulative FDI equity inflow (from October 2019 to March 2021) (US$ million)India: 83,516.88 | Tripura: 0.43

Note: * - data for the Northeast region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura

8

North east region vision 2030

Source: NER Vision 2030

1 QUALITY OF LIFE OF PEOPLE Improving standard of living of people

in the region to meet the nationalstandard by 2020.

Creating centres of excellence, state-of-the-art hospitals and educationalinstitutions.

8 END OF POVERTY Government has targeted to

decrease poverty from 24.90 % to12.45 % by end of 2030.

7 GOVERNANCE Better governance and ensuring

peace and harmony by maximisingself-governance and increased people participation.

6 INFRASTRUCTURE Manufacturing employment as a

proportion of total employment will beincreased from 1.79 % (Census2011) to 4.5 % in 2030.

5 TOURISM By 2030, devise and implement policies to

promote sustainable tourism that createsjobs and promotes local culture andproducts.

2 ENSURE GENDER EQUALITY To increase workforce participation

rate for women from 23.6 % (Census2011) to 40 % by 2030.

3 ENERGY EFFICIENCY Energy GSDP ratio will be increased

from 2.60 % to 5.5 % by 2030.

4 AGRICULTURE Total cropped area under irrigation will be

increased from 44.5 % to 75 % by 2030. % of farmers issued soil health card will be

increased from 29.60 % to 100 % by 2030.

7

63

2

8

54

1

9

ECONOMIC SNAPSHOT

10

Economic Snapshot – GSDP

GSDP of Tripura at current prices

At current prices, Tripura’s Gross State Domestic Product(GSDP) stood at ~Rs. 597.53 billion (US$ 8.23 billion) in 2020-21.

GSDP increased at a CAGR of 10.70% between 2015-16 and2020-21.

Source: Ministry of Statistics & Programme Implementation

5.49 5.

88 6.78 7.

13 7.94 8.23

359.

38

394.

79

437.

16

498.

45

559.

84

597.

53

0

100

200

300

400

500

600

700

0.001.002.003.004.005.006.007.008.009.00

2015

-16

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21

US$ billion Rs billion

CAGR (in Rs.) 10.70%

GSDP per capita of Tripura at current prices

1,42

4.50

1,51

1.18

1,72

4.61

1,79

5.11

1,97

9.59

2,03

1.97

93,2

47.8

7

101,

385.

21

111,

151.

28

125,

460.

53

139,

541.

58

147,

500.

90

0

20000

40000

60000

80000

100000

120000

140000

160000

-

500

1,000

1,500

2,000

2,500

2015

-16

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21

US$ Rs

CAGR (in Rs.) 9.61%

The state’s per capita GSDP was Rs. 147,500.90 (US$2031.97) in 2020-21.

Per capita GSDP increased at a CAGR of 9.61% between2015-16 and 2020-21.

11

Economic Snapshot – NSDP

NSDP of Tripura at current prices4.

96 5.32 6.

13 6.42 7.

13 7.32

324.

76

356.

68

395.

05

448.

35

502.

27

531.

20

0

100

200

300

400

500

600

0.001.002.003.004.005.006.007.008.00

2015

-16

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21

US$ billion Rs billion

CAGR (in Rs.) 10.34%

Tripura’s Net State Domestic Product (NSDP) was ~Rs. 531.20billion (US$ 7.32 billion) in 2020-21.

NSDP increased at a CAGR of 10.34% between 2015-16 and2020-21.

Tripura’s per capita NSDP stood at Rs. 131,128.03 (US$1,806.42) in 2020-21.

Per capita NSDP increased at a CAGR of 9.25% between2015-16 and 2020-21.

NSDP per capita of Tripura at current prices

1,28

7.30

1,36

5.27

1,55

8.48

1,61

4.67

1,77

6.01

1,80

6.42

84,2

66.6

1

91,5

96.2

8

100,

444.

01

112,

849.

21

125,

190.

80

131,

128.

03

0

20000

40000

60000

80000

100000

120000

140000

0200400600800

1,0001,2001,4001,6001,8002,000

2015

-16

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21

US$ Rs

CAGR (in Rs.) 9.25%

Source: Ministry of Statistics & Programme Implementation

12

Economic Snapshot – % Distribution Of GSVA

Over the years, there has been a shift in the sectoral contribution

from primary and secondary to tertiary. Overall performance of

Tripura’s economy was encouraging in 2020-21.

In 2020-21, the tertiary sector contributed 46.71% to the state’s

GSVA, followed by primary (38.98%) and secondary (14.31%)

sectors.

The tertiary sector posted a CAGR of 10.94% between 2011-12 and

2020-21. This increase was driven by growth in trade, transport,

storage, hotels, real estate, railways, communications and other

service subsectors.

The primary sector rose at a CAGR of 14.29% between 2011-12 and

2020-21.

The secondary sector registered a CAGR of 12.54% between 2011-

12 and 2020-21. This was driven by growth in manufacturing,

construction & electricity, gas and water supply subsectors.

GSVA Composition by Sector

33.48%38.98%

14.11%14.31%

52.40% 46.71%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2011-12 2020-21

Primary Sector Secondary Sector Tertiary Sector

14.29%

10.94%

12.54%

CAGR

Source: Ministry of Statistics & Programme Implementation

13

Economic snapshot – FDI inflows & investments

According to the Department for Promotion of Industry and InternalTrade (DPIIT), FDI inflows1 to the Northeast states reached US$ 122million from April 2000 to September 2019.

Between October 2019 and March 2021, FDI inflows in Tripura stoodat US$ 0.43 million.

FDI inflows in Tripura^ in April 2000-September 2019 (US$ million)

Source: DPIIT Note: 1 FDI data for the Northeast region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura

8 1 5 1 5 10 2

13 7 6

122

10

60

110

160

FY01

-11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY01

-19

14

Economic Snapshot – Export

Total merchandise exports from the state stood at US$ 1.75 million in FY20. In FY21*, exports stood at US$ 10.77 million.

Tripura exported key items such as electric machinery & equipment and spices.

Source: Directorate General of Commercial Intelligence and Statistics, Ministry of Commerce and Industry

Export trend (US$ million)

5.92

1.26 1.42

2.361.75

10.77

0.00

2.00

4.00

6.00

8.00

10.00

12.00

FY16 FY17 FY18 FY19 FY20 FY21*

Composition of key items exported from Tripura (From April 2020 to January 2021)

96.2%

0.8%0.6%

0.6%

0.5%1.3%

Electric Machinery and EquipmentSpicesFresh VegetablesOther rubber products except footwearOther commoditiesOthers

Note: * - As of January 2021

15

PHYSICAL INFRASTRUCTURE

16

Physical infrastructure – Roads

Source: Ministry of Road Transport & Highways, PMGSY, State Budget 2020-21, News Article

Tripura Road Transport Corporation (TRTC) provides state road

transport services. TRTC operates 49 buses and 7 trucks on 11

routes.

Road density per thousand sq km is 3,026.23 in Tripura, while road

density per thousand population is 9.3 in the state.

Under the Bharatmala project, 500 km of roads are being constructed

in the state.

In October 2020, the Union Minister, Mr. Nitin Gadkari laid foundation

stones for nine highway projects to be built at a cost of >Rs. 2,752

crore (US$ 375.59 million).

In February 2021, Tripura government inaugurated a 680-metre-long

road made with non-recyclable plastic in Agartala.

In March 2021, Prime Minister Mr. Narendra Modi inaugurated ‘Maitri

Setu’, a road link between Bangladesh and India, that will boost the

connectivity in the Indo-Pacific region. The ‘Maitri Setu’ bridge has

been built over the Feni river, which flows between Tripura and

Bangladesh.

Road type Road length (km)

National highways 853.8

State highways 1057

Major district roads 0

Other district roads 461

Village roads 11,107

Road infrastructure - 2018-19

Habitants connected (No.) 1

Length completed (km) 14.245

Pradhan Mantri Gram Sadak Yojana (PMGSY ) 2019-20 (up to July 2019)

17

Physical infrastructure – Railways & Airports

Tripura has entered the broad-gauge railway map of the country.

The total length of Rail line within the state is 234 km including the

recently extended line up to Udaipur railway station, Gomati District.

Apart from passenger trains, goods trains ply up to Agartala and

Udaipur. Some local trains also run in between Udaipur and

Dharmanagar.

Agartala railway station at Badharghat is the main junction of the

state.

In January 2021, the Northeast Frontier Railway (NFR) completed

the primary survey work and feasibility study for alternative railway

track construction to connect Dharmanagar of North Tripura with

Belonia of South Tripura.

Tripura has a domestic airport at Agartala, known as C.A. Agartala

Airport, that is the second busiest airport in north east India. The

airport is administered by the Airports Authority of India & is located

12 km southeast of Agartala city.

According to Airport Authority of India, Agartala airport upcoming

integrated terminal building will have modern facilities including

India's first human body scanner and is expected to be operational in

early 2020.Note: *April to January 2021Source: Airport Authority of India

2016-17

2017-18

2018 -19

2019-20

2020-21*

Aircraft movement (nos.)

8,899 9,058 10,130 11,118 3,685

Total passenger traffic

1,183,567 1,244,716 1,441,089 1,506,435 398,861

Freight handled (M tonnes)

6,057 4,958 5,195 4,661 1,451

The newly built terminal building of Maharaj Bir Bikram (MBB) Airport

in Agartala, which is expected to be operational by March 2021, will

run on solar power. The Airport Authority of India (AAI) is installing a

2 MW solar power plant for the energy requirement of the terminal

building.

18

Physical infrastructure – Power

Tripura State Electricity Corporation Ltd. was incorporated in 2004 and is responsible for generation, transmission and distribution of power in thestate.

As of April 2021, Tripura had a total installed power generation capacity of 723.96 MW, of which 153.01 MW was under state utilities, 566.54 MWwas under central utilities and 4.41 MW was under the private sector.

Of the total installed capacity, 630.05 MW was contributed by thermal power, 68.49 MW by hydropower and 25.42 MW by renewable resources,as of April 2021.

In August 2020, Asian Development Bank (ADB) sanctioned Rs. 1,925 crore (US$ 2.7 billion) to upgrade Rokhia Project capacity to 20 MW from60 MW estimated cost of Rs. 699.80 crore (US$1 billion) and modernise the Gumti Hydro Electric Project estimated cost of Rs. 1,225.88 crore(US$1.7 billion).

Source: Central Electricity Authority, DDUGJY

Installed power capacity (MW)

676.

50

727.

33

727.

33 752.

14

763.

96

723.

96

620

640

660

680

700

720

740

760

780

FY16

FY17

FY18

FY19

FY20

FY21

*

Area type Nos.

Total villages 863

Electrified villages 863

Total rural households 7,88,871

Electrified rural households 6,52,463

Un-electrified rural households Nil

Status of rural electrification in Tripura (as of June 2019)

Note: MW- Megawatt, * - Till April 2021

19

Physical infrastructure – Telecom

According to the Telecom Regulatory Authority of India (TRAI), Tripura1 had 12.34 million wireless and 99,901 wireline subscribers, as of February

2021.

The number of internet subscribers in Tripura1 stood at 8.47 million, as of September 2020.

Tripura1 had a total teledensity of 80.49%, as of February 2021.

By end of December 2020, 1.52 million subscribers had submitted requests for mobile number portability in the region1.

As of December 2020, Bharti Airtel had the largest wireless subscriber base in the region1.

Source: Telecom Regulatory Authority of India

Wireless subscribers1 (million) 12.34

Wireline subscribers1 99,901

Internet subscribers1 (million) (as of September 2020) 8.47

Teledensity1 (%) 80.49

Telecom Infrastructure (as of February 20201 Performance of Bharat Net

Service-ready GPs (as of November 2020) 702

Note: 1 - Combined figures for Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, GP - Gram Panchayat

20

The Central Government declared Agartala, the capital of Tripura, as

one of the 98 smart cities.

Under Atal Mission for Rejuvenation and Urban Transformation

(AMRUT), Rs. 148.25 crore (US$ 20.55 million) was allocated to

Tripura till January 2019.

Under the State Budget 2020-21, Rs. 36,384 lakh (US$ 49.62

million) has been allocated to the water supply, sanitation, housing &

urban development.

In July 2019, the Ministry of Heavy Industry and Public Enterprises

sanctioned 50 electric buses for the state.

In December 2020, the Asian Development Bank (ADB) is likely to

provide a Rs. 2,100 crore (US$ 286.12 million) loan to the Tripura

government for the development of urban areas and tourism.

Physical infrastructure – Urban infrastructure

Allocation US$ million

Total allocation for projects (including State share) 20.55

Committed Central Assistance 19.02

Sanctioned Central Assistance 5.57

Atal Mission for Rejuvenation and Urban Transformation up to January 2019

Source: Lok Sabha, News Article, State Budget 2020-21

21

SOCIAL INFRASTRUCTURE

22

Social infrastructure – Education

Tripura has a central university called Tripura University, a National Institute of Technology (NIT) and a state institute of technology called Tripura

Institute of Technology (TIT).

The Indira Gandhi National Open University (IGNOU) and the Tripura Government have signed an agreement under which 11,884 elementary

level teachers will be given training under a two-year diploma programme in elementary education.

Seventh Pay Commission has recommended free education for girls up to the graduation level.

Under the State Budget 2020-21, Rs. 1,498.33 lakh (US$ 2.04 million) has been allocated to the education, sports, and art & culture sector.

In May 2021, the Tripura government launched a 24x7 education channel, which will offer lessons to school students, in line with the NCERT

syllabus, amid the COVID-19 pandemic.

Source: Tripura State Portal, Government of Tripura. Education (School) Department, State Budget 2020-21, News Article

Schools Type (2018-19)

Junior Basic 2,578

Senior Basic 1,245

High School 669

Higher Secondary 453

Total 4,945

Educational infrastructure (2018-19)

Universities 3

Colleges 57

Enrolment 7,57,924

Teachers 48,780

Pupil Teacher Ratio 37

23

Social infrastructure – Health

Tripura is one of the priority states under National Rural Health Mission (NRHM). The state Government has been expanding and strengtheninghomeopathic and Ayurvedic systems of medical services, especially in rural areas.

The state has an online booking system, Swasthya Sanchar, wherein health services offered at Government hospitals can be booked in advancethrough the Internet.

The state Government, with financial help from the National Health Mission, has launched mobile blood collection & transportation services in 3districts of Tripura with an aim to improve the standard of healthcare services & develop the blood collection mechanism.

As of May 2020, the number of primary health centres in Tripura stood at 133, sub-centres at 1,068, Community health centres at 23, districthospitals at 10 and sub divisional hospitals at 12.

As of July 2020, Tripura has completed 613 health projects and 46 are in progress. The work include construction of Sub centre, PHC, CHC, andDH.

Under the State Budget 2020-21, Rs. 8,297.40 lakh (US$ 11.30 million) has been allocated to the health and family welfare.

Source: Sample Registration System (SRS) Bulletin, Tripura State Portal, State Budget 2020-21, 2019-20, 2018-19Note: 1Per thousand persons, 2Per thousand live births

Health infrastructure (May 2020)

Primary health centres 133

Sub-centres 1,068

Community health centres 23

District hospitals 10

Sub-Divisional hospital 12

Health indicators (2018)

Birth rate1 13.0

Death rate1 5.5

Infant mortality rate2 27

24

INDUSTRIAL INFRASTRUCTURE

25

Industrial infrastructure

Name Nodal Agency

Land Status Facilities being created

Rubber Park (Completed) TIDC Ltd. 58.819 Acres Completed

Internal & External Road Network, Developed Plots & Shed, Power, Water and Gas Supply, Common Effluent

Treatment Plant, Telecom, Boundary wall, Testing lab, sewage and drainage, Security Guard etc.

Food Park (Implemented)

TIDC Ltd. 30 Acres implemented1500 MT cold storage, ware house, Quality control laboratory, sorting, grading & packaging unit, bottle

manufacturing unit, Test house.

Export Promotion Park

(Implemented)

TIDC Ltd. 126.12 Acres. Implemented

Administrative Block, Internal & External Road Network, Developed Plot & Shed, Power, Gas & Water Supply,

Telecom, Boundary wall, sewage and drainage, Security Guard etc

Bamboo Park(Implemented)

TIDC Ltd. 135 Acres Implemented Black Top Road, Common Facility Centre, Sub-Station etc.

Industrial parks being developed at Bodhjungnagar

Source: Tripura Industrial Development Corporation Limited, National Informatics Centre

In December 2019, Tripura got approval for its first Special Economic Zone (SEZ), which will be established at Jalefa, Sabroom, South Tripura

District. This SEZ will be an agro-based food processing sector specified economic zone spread across 16.35 hectares.

26

KEY SECTORS

27

Key sector – Agriculture and forest based industries…(1/2)

The state had around 55 food processing units and one operational

mega food park, which is located at Bodhjungnagar, West Tripura.

The agro-climatic conditions in the state are favourable for growing

various fruits and horticultural crops. Tripura’s pineapples and

oranges are known for their unique flavour and organic nature.

Major spices include ginger, turmeric, chilli, black pepper, cinnamon

and tezpatta.

As per the third advance estimate of 2019-20, the total fruit

production in the state is 562.46 thousand MT, vegetables is 811.67

thousand MT, plantation is 50.39 thousand MT and spices is 33.15

thousand MT.

Tripura has developed a horticulture action plan for 2020-21, with

estimated capital outlay of Rs. 123.54 crore (US$177 million). The

main objective of this annual plan is to increase the production and

productivity of various horticulture crops in the state.

In May 2021, the state exported a shipment of 1.2 metric tonne (MT)

of fresh jackfruit to London, the UK, to harness the export potential of

agricultural and processed food products from the state.

Source: Tripura State Portal, Department of Industries & Commerce, Ministry of AgricultureNote: MT-Metric Tonnes, * - 3rd Advanced Estimate

Crop Production (‘000 MT)

Fruits 562.46

Vegetables 811.67

Spices 33.15

Plantation crops 50.39

Honey 0.15

Total Horticulture 1,457.82

Production of Horticulture Crops (2019-20*)

Production Clusters

Category Districts

Maize Dhalai and South Tripura

Potato Dhalai and South Tripura

Raddish Sepahijala and South Tripura

Milk West Tripura, Sepahijala,Gomoti

Pulses Dhalai and South Tripura

Pineapple Dhalai and North Tripura, Gomti, South Tripura, Sipahijala

Banana Dhalai and West Tripura

Cabbage Sepahijala and South Tripura

28

Key sector – Agriculture and forest based industries…(2/2)

In 2020-21, Rs.10 crore (US$ 1.36 million) was released for the

National Bamboo Mission (NBM) in the state.

Bamboo is one of the major and important natural resources of

Tripura. The state sustains tropical moist deciduous forests with

patches of forests of evergreen species and a substantial area under

bamboo brakes.

Department of Agriculture & Cooperation (DAC), Ministry of

Agriculture implemented National Agroforestry & Bamboo Mission

(NABM scheme under Mission for Integrated Development of

Horticulture (MIDH) with the objective to utilize the potential of

bamboo crop and increase the area of cultivation.

Source: Ministry of Agriculture

Parameter Statistics

Bamboo Bearing Area (sq. km.) 3,783

Pure Bamboo Area (sq. km.) 20

Dense Bamboo Area (sq. km.) 617

Scattered Bamboo Area (sq. km.) 3,146

Green Culms (million) 963

Dry Culms 88

Bamboo Resources in Tripura (ISFR 2019)

Note: ISFR – India State of Forest Report

29

Key sector – Natural rubber

Tripura is one of the largest natural rubber producer in the country.

As of 2018-19, production of rubber in the state stood at 53,050 MT,

compared with 44,245 MT in 2015-16.

Tripura is the fourth largest producer of natural rubber in India, it

produces more than 20,000 tonnes of natural rubber belonging to all

grades of RSS (Ribbed Smoked Sheet) and Centrifuged Late

Keeping in view the area under plantation, growth potential and

rubber production trends, the state has a vast potential for setting up

of rubber-based industries.

The Government of Tripura is developing Tripura Industrial Rubber

Park in Bodhungnagar for the growth of rubber-based industries in

Tripura, located on a 58.81 Acres Plot developed by Tripura

Industrial Development Corporation (TIDC) and the Rubber Board

under the Ministry of Commerce & Industry, promoted under the

ASIDE Scheme.

In March 2021, trade of natural rubber between the state and Nepal

was initiated with movement of the first consignment of rubber to

eastern Nepal.

Source: Tripura State Portal, Department of Industries & Commerce (Government of Tripura), News articles, Rubber Board India, MT: Metric tonnes

Nodal Agency TIDC Ltd.

Land 58.819 Acres

Status Completed

Facilities being created

Internal & External Road Network, Developed Plots & Shed, Power, Water and Gas Supply, Common Effluent Treatment Plant, Telecom, Boundary wall, Testing lab, sewage and drainage, Security Guard etc.

Information about Rubber Park

30

Key sector – Natural gas

Tripura has vast natural gas reserves. The gas is available in a non-

associate form, with high methane content of about 97.0%.

Concessional gas-pricing & vast reserves offer potential for setting

up industries in the sector.

Natural gas is available in the Baramura hills & Rokhia. Natural gas-

based thermal plants have been set up in both places. Natural gas is

presently used mainly for generating power & to some extent in

domestic, industrial, commercial and transport sectors. Emphasis

would be given for setting up industries (e.g., ammonia, urea,

methanol & methanol-based petrochemical industries), where gas

would be utilised as feedstock.

The availability of superior quality natural gas, at concessional price,

offers a great opportunity to prospective investors, to set up gas-

based industrial units, using natural gas as feedstock, like urea,

methanol, PVC & other projects. Besides this, natural gas can also

be utilised as a cheaper source of energy for various energy-

intensive industrial projects.

In September 2020, ONGC disclosed its plan to invest Rs. 3,200

crore (US$4.5 billion) to drill 115 wells across eight fields in Tripura

Source: Department of Industries & Commerce (Government of Tripura), News Articles

Natural gas production in Tripura (MCM)

1,42

9

1,43

9

1,40

7

1,47

4

280

0

200

400

600

800

1,000

1,200

1,400

1,600

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21*

Note: MMSCMD: Million Metric Standard Cubic Metres Per Day, BCM: Billion Cubic, Metres, * - up to May 2020

31

Key sector – Tourism

Source: Ministry of Tourism, Government of India

Tripura is an attractive tourist destination with a rich cultural heritage. There are number of historical Hindu, Buddhist sites. There is also great

potential for development of tourist circuits, involving all the north-eastern states and Bangladesh. This offers attractive opportunities for the

Hospitality Industry.

The state has a huge potential in tourism, specially eco-tourism, religious tourism, heritage tourism, hill tourism, rural tourism, archaeological tourism

and water tourism. Over the years, there has been a gradual increase in the number of foreign tourists visiting the state. In 2019, the number of

foreign tourists arrival in the state stood at 154,405.

Tripura has drafted the Tourism Policy 2020-25, with the objective to promote eco, spiritual, adventure and ethnic tourism.

Number of domestic tourists visits (‘000)36

3.18

370.

62

398.

67

414.

38

437.

20

0.0050.00

100.00150.00200.00250.00300.00350.00400.00450.00500.00

2015

2016

2017

2018

2019

Number of foreign tourists visits (‘000)

34.89 36.78

69.90

102.86

154.40

0.0020.0040.0060.0080.00

100.00120.00140.00160.00180.00

2015

2016

2017

2018

2019

32

KEY PROCEDURES AND POLICIES

33

Key approvals required

Allotment of land/shed

Incorporation of company

Power

Pollution clearance

List of approvals and clearances required Departments to be consulted

Registrar of Companies

A committee headed by General Manager -Tripura Industrial Development Corporation Limited (TIDC) would allot land/shed for the

North Tripura, South Tripura and Dhalaidistricts. The Deputy Director of Industries would allot land/shed for the West Tripura

district

Tripura State Electricity Corporation Limited (TSECL)

Tripura State Pollution Control Board and Chief Inspector of Factories and Boilers

34

Key investment promotion offices

Agency Description

Tripura Industrial Development Corporation Ltd (TIDC)

Incorporated in 1974, TIDC performs the twin role of state industrial development and state financialcorporation. The corporation acts as a catalyst in the promotion and development of industries andprovides financial assistance and infrastructure facilities.

Tripura Tea Development Corporation (TTDC)

TTDC was set up in 1980 for the development of the tea industry in the state. It is the nodal agency forgrowth of small farmers for tea plantation in the state.

Tripura Forest Development and Plantation Corporation Limited (TFDPC)

Established in 1976, TFDPC is a public sector undertaking by the state Government.

It aims to develop forests through plantations and improve the conditions of the economically weakersections, especially the tribal population dependent on forests for living.

Tripura Tribal Areas Autonomous District Council (TTADC)

TTADC was established in 1982 as an autonomous institution.

It aims to introduce internal autonomy and protect the social, economic and cultural interests of the tribalpopulation as a whole.

The Medicinal Plant Board of Tripura (MPBT)

MPBT was formed in 2001 to promote, conserve, cultivate, harvest, process and market medicinalplants in the state.

It provides assistance in cultivation, storage, transportation, and training, among others.

35

Contact list

Agency Description

Tripura Industrial Development Corporation Limited (TIDC)

Shilpa Nigam Bhawan, Near Ginger Hotel, Khejur Bagan, P.O:- Kunjaban- 799006Phone: 91-381-222-6617/222-6373

- Tripura Tea Development Corporation Limited (TTDC)

New J.B. School P.O. Abhoynagar Agartala - 799005Phone: 91-381-2224 128/222 3173

Tripura Forest Development and Plantation Corporation Limited(TFDPC)

TFDPC Bhawan,Kunjaban, Near Governor House,P.O- Abhoynagar, Agartala-799005Phone : 0381- 2354763/2350133Fax : 0381-2359238E.mail :- tfdpc_ltd@yahoo.com

- The Medicinal Plant Board of Tripura (MPBT)

Van Gaveshana Sadan Gandhi gram Agartala - 799012Phone: 91-381-2397 325

36

Cost of doing business in Tripura

Cost parameter Cost estimate Source

Hotel costs - Government accommodation US$ 33 to US$ 128 Tripura Tourism Development Corporation

Residential space (per month rent for 2,000 sq ft house) US$ 135 to US$ 410 Industry sources

Power cost (per kwh)Domestic: US 5.5 -11.69 cents

Commercial: US 8.8 - 12.24 centsIndustrial: US 9.67 - 12.02 cents

Tariff schedule of Tripura State Electricity Corporation Ltd for 2014-15

Labour cost - shops (minimum wages per day) US$ 2.2 - 2.7 Ministry of Labour and Employment,

Government of India

37

Tripura Industrial Investment Promotion Incentives Scheme, 2017• To make Tripura a preferred destination for industrial and trade activities.• To promote economic development and improve living standards.2

North East Industrial Development Scheme 2017• To promote industrialisation in the states in the North Eastern Region• To improve productivity in Government departments through computerisation.3

Tripura State Bamboo Policy• To realise the economic, social and environmental potential of Tripura’s bamboo resource, develop

it into one of the major economic sectors of the state, and provide employment and income generating activities for the tribals and rural poor.4

IT/ITeS Policy and Roadmap - 2017• Digital transformation of Government services.• Development of digital infrastructure.• Capacity building, training and skill development.• Positioning Tripura as an attractive location for investments in IT/ITeS segment.

1

State acts and policies

Tripura Tourism Policy 2020-25• The policy is drafted with an objective to enhance tourism experience in Tripura and promote

sustainable tourism. Facilitation of private sector involvement in tourism infrastructure development is one of the key highlights of the policy.

5

Read more

Read more

Read more

Read more

Read more

38

Incentives

Agency Description

IT industry Partial reimbursement at 20 % of floor space rentals, actually paid by IT enterprises. Reimbursements subject to a maximum limit of US$ 0.05 million per annum.

Government tenders

85% exempted from the payment of earnest money and security deposits on tenders floated by the state Government department/agencies.

Procurement preference at 15% on purchases in tendering process by the state Government department/agencies subject to at least 30% value addition within the state.

Capital investment subsidy to SC, ST and women

Capital investment subsidy of 30% & additional subsidy of 2.5% for ST, SC, and women on fixed capital investment for land and civil works with a maximum limit of US$ 0.08 per unit.

Incentives declared by central Government

Exemption of excise duty on finished products. Central transport subsidy. Income tax benefit. Capital investment subsidy. Interest subsidy on working capital loans. Comprehensive insurance scheme for insurance coverage; subsidies to service, biotechnology and power generating

industries.

Other benefits

On transportation of fruits and fruit product meant for export, a subsidy of 90% on air freight from Agartala to Guwahati/Kolkata.

Tripura Industrial Development Agency (TIDA), as single window for providing necessary clearances and other assistance to entrepreneurs.

Prompt and regular clearance of incentives and subsidy claims.

39

APPENDIX

40

Sources

Data Sources

GSDP (state) Ministry of Statistics & Programme Implementation

Per capita GSDP figures Ministry of Statistics & Programme Implementation

GSDP (India) Ministry of Statistics & Programme Implementation

Installed power capacity (MW) Central Electricity Authority

Wireless subscribers (No) Telecom Regulatory Authority of India

Internet subscribers (Mn) Telecom Regulatory Authority of India

National highway length (km) NHAI, Roads and Building Department-Government of India

Airports (No) Airports Authority of India

Literacy rate (%) Census 2011

Birth rate (per 1,000 population) SRS Bulletin 2018

Cumulative FDI equity inflows (US$ billion) Department for Promotion of Industry and Internal Trade

Operational PPP projects (No) DEA , Ministry of Finance, Government of India

41

Exchange rates

Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)

Year Rs. Equivalent of one US$

2004-05 44.95

2005-06 44.28

2006-07 45.29

2007-08 40.24

2008-09 45.91

2009-10 47.42

2010-11 45.58

2011-12 47.95

2012-13 54.45

2013-14 60.50

2014-15 61.15

2015-16 65.46

2016-17 67.09

2017-18 64.45

2018-19 69.89

2019-20 70.49

2020-21 73.20

Source: Reserve Bank of India, Average for the yearNote: As of June 2021

Year Rs. Equivalent of one US$

2005 44.11

2006 45.33

2007 41.29

2008 43.42

2009 48.35

2010 45.74

2011 46.67

2012 53.49

2013 58.63

2014 61.03

2015 64.15

2016 67.21

2017 65.12

2018 68.36

2019 69.89

2020 74.18

2021* 74.26

42

Disclaimer

India Brand Equity Foundation (IBEF) engaged Sutherland Global Services private Limited to prepare/update this presentation.

All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF, delivered during the course ofengagement under the Professional Service Agreement signed by the Parties. The same may not be reproduced, wholly or in part in any materialform (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of thispresentation), modified or in any manner communicated to any third party except with the written approval of IBEF.

This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that theinformation is accurate to the best of Sutherland Global Services’ Private Limited and IBEF’s knowledge and belief, the content is not to be construedin any manner whatsoever as a substitute for professional advice.

Sutherland Global Services Private Limited and IBEF neither recommend nor endorse any specific products or services that may have beenmentioned in this presentation and nor do they assume any liability, damages or responsibility for the outcome of decisions taken as a result of anyreliance placed on this presentation.

Neither Sutherland Global Services Private Limited nor IBEF shall be liable for any special, direct, indirect or consequential damages that may arisedue to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.